Oral Answers to Questions
Debate between George Osborne and Lisa Cameron(8 years, 11 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Osborne
We have increased our action against large-scale corporate tax avoidance and evasion, and the new diverted profits tax is designed to deal with the very real anger that people feel, particularly in the small business community, when they see large businesses not paying tax. We are also dealing with the burdens of tax administration, and we are consulting small businesses. I would just make the point that we would be crazy as a country not to make use of new digital technology and the internet to update and modernise our tax collection system, and we would regret not taking those steps today and letting other countries power ahead in reducing the burdens on business.
Dr Lisa Cameron (East Kilbride, Strathaven and Lesmahagow) (SNP)
8. What fiscal steps he is taking to reduce the trade deficit in order to reduce the reliance of the economy on domestic spending.